We can learn a lot from other people’s mistakes. At the very least, it can make us wary about making the same mistakes. In no particular order, here’s a list of seven regrets current retirees have had.
Are You Ready for Retirement? That’s a question investor advisor Ken Heise asks. ‘Retirement is a huge transition,’ he says, ‘much like getting married or having kids. And just like those other life events, it takes preparation.’
I retired more than four years ago. I was well-prepared (having completed the first draft of my book, Retirement Ready? helped). But there were still surprises and issues to address.
I was browsing the book Retirement Maze when I came across this comment: ‘Retirement is a full-time job’. That made me pause. Don’t we retire to get away from work, the job? Is it to go to another?
What will you do in retirement? For many, the lure of travel, spending time with family and friends, and exploring new activities and events are at the top of their ‘to do’ retirement list.
You are who you are, which means that when it comes to retirement you shouldn’t try to live someone else’s retirement. You need to remember who you are.
Have you seriously thought about what you will do in retirement? Sometimes it seems as if too many spend more time planning a two-week holiday than their retirement. Your retirement needs more thought than that.
Many people look forward to moving to an idyllic retirement spot, others to build or renovate their dream home. Much planning goes into their new home, but sometimes a few things are overlooked.
Agnes, Howard, and James all had dreams for their retirement. Agnes wanted to breed puppies; Howard wanted to take up acting; James wanted to sail the seven oceans. None of it happened. They arrived at the time of life when they were able to follow their dreams but allowed them to die.